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The Crash of Three Arrows Capital’s Starry Night Portfolio Shows NFTs Lack of Staying Power; Bitcoin Regains $20K After Earlier Drop

After climbing promisingly earlier this week, equity markets returned to a more familiar slog with the Nasdaq, S&P 500 and Dow Jones Industrial Average (DJIA) falling 0.7, 1% and 1.1%, respectively. Investors will be eyeing Friday's U.S. unemployment and labor participation reports for September, although the former is widely expected

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Data Shows Bitcoin’s Hashrate Has Grown by More Than 4 Quadrillion Percent Since 2009 – Mining Bitcoin News

Following the network difficulty change six days ago on September 27, Bitcoin’s hashrate surpassed the 295 exahash per second (EH/s) range two times during the first two days of October. Presently the network is coasting along at 229 EH/s and block intervals have been faster than the ten-minute average, which

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Basel Study Shows World’s Largest Banks Are Exposed to $9 Billion in Crypto Assets – Bitcoin News

A first-of-its-kind study published by the Basel Committee on Banking Supervision details that the world’s largest financial institutions are exposed to roughly €9.4 billion (US$9 billion) in crypto assets. The research paper authored by the Basel Committee’s secretariat Renzo Corrias further explains that out of all the banks’ total risk

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Bitcoin 2021 bull market buyers ‘capitulate’ as data shows 50% losses

Bitcoin's (BTC) spot trading below $20,000 is seeing a new “capitulation” event encompassing an entire year’s worth of buyers, research reveals.In one of its Quicktake market updates on Sept. 29, on-chain analytics platform CryptoQuant flagged intense selling by a large number of recent hodlers.2021 bull market coins "have been sold

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A Recent SEC Filing Shows the World’s Largest Asset Manager Blackrock Plans to Launch a Metaverse ETF – Metaverse Bitcoin News

According to a recent filing, Blackrock, the multi-national investment company based in New York City and the world’s largest asset manager, has plans to create a new exchange-traded fund (ETF) based on metaverse companies. The fund — dubbed the Ishares Future Metaverse Tech and Communications ETF — will track metaverse

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